Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Weak Downtrend (-65) - ARSCOP is showing signs of a strengthening downtrend. Monitor ARSCOP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been UP since Mar 10th, 2020 at 58.764018
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 63.220604
The short-term trend has been DOWN since May 19th, 2020 at 57.654825
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).